Operational Risk Management Department-Operational Risk Governance AVP

Bank of China Limited, New York Branch•New York, NY

2d•$65,000 - $150,000

About The Position

The AVP is responsible for performing the Operational Risk (OR) Framework management. The purpose of this job specifically includes managing the OR framework, policy and procedure, while also analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office. Other responsibilities include but not limited to supporting the risk management governance of the department including: facilitate monthly ORC meetings, Q&A the meeting material and supporting documents; facilitate regulatory and audit meetings and affairs.

Requirements

Bachelor’s degree is required
5 years of experience in the banking industry
2 years of experience in risk management
Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices

Responsibilities

Collect operational risk related data from departments
Q&A the data input and follow up with the departments if necessary
Consolidate the data and complete risk aggregation and reporting to all executive committees
Analyze the data input from teams and departments and consolidate the inputs to generate reports
Work with different departments to prepare Operational Risk Related ERM report and ORM report
Administrator of the Operational Risk Committee (ORC)
Manage and maintain all ORD policies and procedures
Facilitate meetings with regulators and provide materials requested by regulators
Facilitate audit meetings and affairs
Execute and ensure adherence to all policies and procedures impacting Operational Risk Management
Ensure adherence to Branch policies and procedures
Support with the execution of department strategic objectives
Asset Management, including Communication tools, asset / fixed asset purchase and maintenance
Record Retention Management
Ad Hoc requests